|
National Retail Properties, 9.00% Series A Non-Voting Preferred Stock
Ticker Symbol: NNN-A* CUSIP: 637417205 Exchange: NYSE
* NOTE: This security is no longer trading as of 1/02/2007
Security has been Called for: Tuesday, January 2, 2007
Nov. 28, 2006 -- National Retail Properties, Inc. today announced that it will redeem all 1,781,589 shares of its 9% Series A Non-Voting Preferred Stock, effective January 2, 2007. The Series A Preferred Shares will be redeemed at their redemption price of $25.00 per share, plus all accumulated and unpaid distributions through the redemption date of $0.20625 per share, for an aggregate redemption price of $25.20625. Distributions on the Series A Preferred Shares will cease to accumulate on January 2, 2007. On January 2, 2007, all of the currently issued and outstanding Series A Preferred Shares will cease to be outstanding, and holders of such Series A Preferred Shares no longer will have any rights with respect to such Series A Preferred Shares, other than the right to receive the redemption price of $25.20625 per share, without interest, upon surrender of certificates representing the Series A Preferred Shares. Payment of the redemption price will be made only upon the presentation and surrender of certificates representing the Series A Preferred Shares to American Stock Transfer and Trust Company, as paying agent, at the addresses specified in the Notice of Redemption and related Letter of Transmittal. The Notice of Redemption and related Letter of Transmittal will be mailed to holders of record of the Series A Preferred Shares on November 28, 2006. For additional information on redeeming the Company's Series A Preferred Shares, shareholders should contact American Stock Transfer and Trust Company, the paying agent for this issue, at (877) 248-6417 or (718) 921-8317.
|
|
QUANTUMONLINE.COM SECURITY DESCRIPTION: National Retail Properties Inc., formerly Commercial Net Lease Realty Inc., 9% Series A Non-Voting Preferred Stock, liquidation preference $25 per share, redeemable at the issuer's option on or after 12/31/2006 at $25 per share plus accrued and unpaid dividends, with no stated maturity, and with distributions of 9% per annum paid quarterly on 3/15, 6/15, 9/15 & 12/15. In regards to payment of dividends and upon liquidation, the preferred shares rank senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below. The 9% Series A shares were issued during the merger with Captec Net Lease Realty Inc. in November 2001.
|
Go to Parent Company's Record (NNN)
IPO - 10/11/2001 - 4.35 Million Shares @ $25.00/share.
Link to IPO Prospectus
Previous Name: Commercial Net Lease Realty, 9% Non-Voting Preferred Stock A Changed: 5/01/2006
Market Value $111.0 Million
|
Company's Online Information Links
|
| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 450 South Orange Avenue, Suite 900, Orlando, FL 32801 |
| Main Phone Number |
407-265-7348 |
| Fax Number |
407-650-3650 |
| Investor Relations
Chris Barry
|
407-650-1228
|
| Toll Free Phone Number |
800-666-7348 |
| CEO - Craig Macnab |
CFO - Kevin B. Habicht |
Find a problem? Please use our Feedback Page or Email us.
Have you filled out our Guestbook? If not, please do.
|
|
